It may have already grown and expanded to become the leading mass housing developer today, but 8990 Holdings has remained steadfast to its promise of providing decent, affordable shelter to every Filipino. Having completed over 74,000 homes in 58 projects in the last 17 years, 8990 Holdings knows that it still has a long way to go in helping resolve ..
Housing firm 8990 Holdings Inc. reported a 21 percent drop in net income to P3.3 billion in the first nine months of the year as revenue generation was affected by the quarantine measures imposed nationwide. In a disclosure to the Philippine Stock Exchange, 8990 said revenue for the first nine months of 2020 hit P9.7 billion, 7% lower than the previous ..
Mass housing developer 8990 Holdings Inc. has bounced back strong in the third quarter thanks to a build-up in demand. Mass housing developer 8990 Holdings Inc. has bounced back strong in the third quarter thanks to a build-up in demand. In a regulatory filing, 8990 said grew its net income by 30.9% to P1.82 billion as revenues jumped 38% to ..
Mass housing developer 8990 Holdings Inc. on Monday said its income in January to September fell 21 percent to P3.3 billion from last year’s P4.2 billion, but it recorded its highest quarterly revenue in the third quarter. Revenues for the nine-month period fell 7 percent to P9.73 billion from last year’s P10.5 billion. Half of those revenues, or P4.82 billion, ..
Listed low-cost housing developer 8990 Holdings Inc. said Thursday it has raised P1.3 billion from the issuance of enrolled corporate notes. In a disclosure to the Philippine Stock Exchange, 8990 said the issued notes are Philippine peso-denominated and exempt from Securities and Exchange Commission (SEC) registration. The notes will be enrolled with Philippine Dealing & Exchange Corp (PDEX) and ..
It has come to our attention that what was previously published as our Official Statement was the draft instead of the final approved version thereof. Owing to this oversight, a republication of our public apology is in order. This republication is in reference to our Official Statement published in the 19 and 26 October 2019 issues of THE PHILIPPINE DAILY ..
MASS housing developer 8990 Holdings, Inc. is looking at generating P205 billion in sales in the medium term from projects it may launch using its existing land bank. In a briefing on Monday, 8990 Acting President and Chief Operating Officer Alexander Ace Sotto said the company keeps a land bank of 657.12 hectares, spread across Luzon (148.04 hectares), Visayas (366.96 ..
By Denise A. Valdez, Senior Reporter MASS HOUSING developer 8990 Holdings, Inc. booked 12% higher earnings in the first quarter of the year, on the back of sustained demand for its products in Metro Manila and key regions. In a disclosure to the exchange on Tuesday, the company said its net income reached P1.32 billion in January to March, supported by the ..
MANILA, Philippines — 8990 Holdings Inc., the listed mass housing developer, reported a 12 percent hike in net income in the first quarter to P1.3 billion on sustained double-digit growth in revenues. Revenues rose 15 percent to P3.5 billion during the period. The company delivered a total of 2,291 housing units, up four percent year on year. This follows 8990’s ..
Mass housing developer 8990 Holdings Inc, listed on the Philippine Stock Exchange under the symbol “HOUSE,” posted another record high revenues last year, increasing 30 percent on year to P15.3 billion on the back of an eight percent growth in housing units delivered for last year. This translated to a net income growth of 19 percent on year to ..